LBJ and the Power Elite

Wall Street, Banks, and American Foreign Policy

Tags: Big Government, U.S. History, War and Foreign Policy

09/03/2026 Murray N. Rothbard

Johnson kept the hawks and replaced doves as they were ousted. Rothbard details the July 1965 meeting at which escalation was decided and the committee of power-elite figures formed to back it, along with Ellsworth Bunker’s role in the invasion of the Dominican Republic and the sugar interests it protected.

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